Exline.pro Posted July 26 Author Share Posted July 26 From “Neuromancer” to Bitcoin: How cyberpunk hacked reality and laid the DNA of cryptocurrencies 1984. Los Angeles is drowning in acid rain, pierced by the neon light of skyscrapers. Hackers with cybernetic implants infiltrate virtual reality, and anonymous digital money changes hands in the dark nooks and crannies of the web. This is not footage from Blade Runner - this is a world that cyberpunk writers created long before Bitcoin existed. Exline invites you on a journey through the history of cyberpunk to understand how this genre not only predicted the birth of cryptocurrencies, but also became their ideological father. Get ready, it's going to be interesting! 🔗 Link to article Exline: An excursion into the world of cryptocurrencies – the boundaries are only in your imagination! 🌐Exchange | ✉️ Subscribe | 💬 VK group | 💬 Exchange Reviews Link to comment Share on other sites More sharing options...
Exline.pro Posted July 27 Author Share Posted July 27 Bitcoin storms to $69,000: are the bulls regaining control? The crypto market has turned green again after several days of uncertainty. On the evening of Friday, July 26, bitcoin showed an impressive surge, returning to the $68,000 mark and consolidating above it. Over the past 24 hours, the major cryptocurrency has added 2% to its price, signaling a possible trend reversal. Altcoins are not lagging behind: most of the assets from the top 10 by capitalization have also moved into the “green zone”. The growth of Solana (+5%) and Dogecoin (+4.2%) looks especially bright, which confirms the return of risk appetite among investors. The total market capitalization of digital assets has reached $2.55 trillion, indicating that confidence in the industry has been restored. Liquidations of shorts confirm the strength of the bullish sentiment. According to Coinglass, $62 million worth of positions were liquidated during the day, of which $41 million came from shorts. The observed growth may signal the beginning of a new uptrend in the crypto market. However, it is important to remember the volatility and not to make hasty conclusions. Follow the news and analytics to be aware of the situation! Exline: An excursion into the world of cryptocurrencies – the boundaries are only in your imagination! 🌐Exchange | ✉️ Subscribe | 💬 VK group | 💬 Exchange Reviews Link to comment Share on other sites More sharing options...
Exline.pro Posted July 29 Author Share Posted July 29 The US and Hong Kong have started talking about state reserves in bitcoin. Former US President Donald Trump at the Bitcoin 2024 cryptocurrency conference in Nashville announced his intention to create a “strategic reserve from bitcoin.” The politician emphasized the importance of cryptocurrencies for the country's economic competitiveness and promised to never sell bitcoins confiscated by the government. “If I am elected president, the policy of my administration will be to hold all the bitcoin that the state has or confiscates. Those coins will be included in the state reserve,” Trump said. Ahead of the presidential election, Trump has positioned himself as a candidate who supports cryptocurrencies. He has promised to fire US Securities and Exchange Commission (SEC) head Gary Gensler and create a bitcoin advisory board. Republican Senator Cynthia Lummis, speaking at the same conference after Trump, announced plans to introduce a bill to buy 1 million bitcoins on the Treasury's balance sheet, representing 5% of the total supply of the asset. At the current price, the value of 1 million BTC is around $70 billion. Inspired by Trump's speech, Hong Kong officials also suggested that bitcoin should be considered for inclusion to provide financial reserves. “The global acceptance of bitcoin is constantly growing and bitcoin is perceived by the public as digital gold. The inclusion of bitcoin in strategic financial reserves should be considered, subject to all regulations Exline: An excursion into the world of cryptocurrencies – the boundaries are only in your imagination! 🌐Exchange | ✉️ Subscribe | 💬 VK group | 💬 Exchange Reviews Link to comment Share on other sites More sharing options...
Exline.pro Posted July 30 Author Share Posted July 30 The State Duma has passed laws on the regulation of cryptocurrencies in Russia The State Duma has adopted two laws which will become the basis for the regulation of the cryptocurrency market in Russia. The documents were adopted at once in the second and third reading. The bill on the regulation of mining will allow the introduction of cryptocurrency mining activities into the legal field, and the bill on experimental settlements in cryptocurrency will allow from September 1, foreign trade settlements and exchange trading in cryptocurrency within the framework of experimental legal regimes. According to Anton Gorelkin, deputy chairman of the State Duma Committee on Information Policy, who co-authored both laws, “it was possible to overcome the desire of individuals to ban almost everything and kill the industry.” “We managed to achieve by the second reading the abolition of the ban on the organization of the circulation of cryptocurrencies. We will still have foreign crypto exchanges and exchangers, and there is an opportunity to build our own national infrastructure,” the deputy said. “We also cancel the proposal to ban mining for individuals. We believe that energy companies have effective mechanisms how to build control of gray and black miners. First of all, we consider cryptocurrencies as a tool to circumvent sanctions and a point of high-tech exports,” Gorelkin clarified. Russian legislation will enshrine the concepts of “mining”, “mining pool”, “organization of circulation of digital currency”, define the rights and obligations of participants in the market of cryptocurrency mining. Only Russian legal entities and sole proprietorships included in a special register will be able to engage in mining. Individuals will still be able to engage in mining if they do not exceed the energy consumption limit set by the government. The law removed the ban on organizing the circulation of cryptocurrencies, which threatened to effectively stop the work of Russian crypto exchanges and exchangers. At the same time, there will remain a ban on advertising cryptocurrency and various services based on its use. The bill prescribes special powers for Rosfinmonitoring, which will maintain a special list of wallets that are proven to be engaged in illegal activities. The government will have the ability to impose restrictions on mining in certain regions and territories. The Bank of Russia may start creating an experimental platform for the use of cryptocurrencies in international settlements and conduct cryptocurrency exchange trading under experimental legal regimes (EPR) from September 1. Exline: An excursion into the world of cryptocurrencies – the boundaries are only in your imagination! 🌐Exchange | ✉️ Subscribe | 💬 VK group | 💬 Exchange Reviews Link to comment Share on other sites More sharing options...
Exline.pro Posted July 31 Author Share Posted July 31 Aksakov approved the creation of Russian bitcoin exchanges The Russian Federation should not be limited to the existing platforms for trading cryptocurrencies and can create its own exchanges. This was stated by the head of the State Duma Committee on the financial market Anatoly Aksakov, writes TASS. According to him, at the legislative level, the authorities allow the creation of specialized platforms. “The ban has been removed, the implementation within the authority of the Central Bank is possible. I assume that such solutions and, accordingly, infrastructure facilities [to ensure the purchase and sale of cryptocurrencies] will appear,” - said the deputy. Aksakov also said that in the near future bitcoin can be exchanged for digital rubles. With the emergence of such an instrument, the official admitted the disappearance of the need for P2P platforms based on foreign crypto exchanges. Exline: An excursion into the world of cryptocurrencies – the boundaries are only in your imagination! 🌐Exchange | ✉️ Subscribe | 💬 VK group | 💬 Exchange Reviews Link to comment Share on other sites More sharing options...
Exline.pro Posted August 1 Author Share Posted August 1 Developers have launched an alternative to the "synthetic dollar" from Ethena Labs The Elixir team has launched a "fully decentralized synthetic dollar" deUSD as a competitor to USDe from Ethena Labs. This is reported by The Block. deUSD is focused on providing liquidity for DEX based on an order book. Operating in the deFi ecosystem, USDe relies on interactions with centralized exchanges and custodians. Like Etheba Labs' stablecoin, deUSDe is also fully secured. It is created using stETH as collateral for Ethereum shorts in a delta-neutral position. The deUSD stakers can earn additional returns above basis in the form of exchange incentives for providing liquidity, the project says. The team claims to provide a "truly decentralized" onchain and non-custodial alternative to USDe with verifiable proofs of execution, open source, and not relying on CEX. According to the developers, deUSD, compared to USDe, also has the ability to remain stable during periods of extreme negative funding rates. According to the developers, they have agreements to raise $1 billion for the stablecoin. The asset will be backed by a number of DeFi protocols. Among them is Pendle, which will handle market making for Elixir's Apothecary initiative. The latter is a points-based system to help users track their contributions to the project. Exline: An excursion into the world of cryptocurrencies – the boundaries are only in your imagination! 🌐Exchange | ✉️ Subscribe | 💬 VK group | 💬 Exchange Reviews Link to comment Share on other sites More sharing options...
Exline.pro Posted August 2 Author Share Posted August 2 Crypto movie: from "black mirrors" to digital gangsters 💣🎬 Think crypto is all about boring numbers on a screen? As if it isn't! In the world of movies, digital assets are both the key to saving humanity, a dangerous weapon in the hands of corporations, and a battlefield for idealistic hackers. Stop looking at the charts - turn on the popcorn mode! 🍿 For those who like it hotter: "StartUp" (StartUp, TV series, 2016-2018): Forget the cozy world of "Silicon Valley." This series will show you the downside of crypto startups - dirty money, conscience deals, and the FBI on your tail. "Trust No One: The Hunt for the Crypto King (2022): A documentary thriller that makes your blood run cold in your veins. The mysterious death of a young crypto millionaire, missing millions, and a slew of suspects. Tension - until the last second! "Black Mirror" (Black Mirror, TV series, 2011 - ...): An anthology that needs no introduction. Episodes about implanted cryptocurrencies, social ranking on the blockchain and virtual immortality will make you look at the future (and present) of cryptocurrencies from a different angle. If you're just taking your first steps into the world of crypto: "Banking on Bitcoin (2016): A great way to get a handle on what's involved. This documentary explains the essence of bitcoin in an accessible way and introduces the history of its creation. "The Rise and Rise of Bitcoin (2014): The movie will explain how bitcoin went from a "geek toy" to a global phenomenon. For those who aren't afraid to ask uncomfortable questions: "Life in Bits (Life in Bits, 2016): A family from the United States decides to switch completely to bitcoin for a year. An experiment that changes their lives and makes them think about the future of money. And this is just the beginning! The movie world is increasingly turning to the topic of cryptocurrencies, and we are sure: there are many more interesting premieres ahead of us. 😉 P.S. What movies about crypto would you recommend? Share in the comments - let's discuss! 🔥 And don't forget to subscribe to our channel, so you won't miss new crypto movies! 😉 Exline: An excursion into the world of cryptocurrencies – the boundaries are only in your imagination! 🌐Exchange | ✉️ Subscribe | 💬 VK group | 💬 Exchange Reviews Link to comment Share on other sites More sharing options...
Exline.pro Posted August 3 Author Share Posted August 3 Whales sold $1.8 billion worth of Ethereum, ETH price dipped below $3,000 Ethereum lost an important psychological and technical support level in the last 24 hours. After falling by 11% from July 22 to July 25, addresses with balances between 10,000 and 100,000 ETH started to get rid of their assets. In just 3 days they sold 630,000 ETH worth over $1.87 billion. Long-term ETH holders can join the whales. According to the Long Term Holders' Unrealized Profit and Loss Indicator (LTH NUPL), their profits have fallen by 4%. If they start selling their assets to cut their losses, Ethereum's price will continue to decline. Although historical data points to an upcoming consolidation in the Ethereum price, ETH has an advantage in the form of spot ETFs. An influx of funds into these investment products could fuel a recovery and bring the second-largest cryptocurrency back above $3,118. However, if ETH loses support at the $2,930 level, which has been repeatedly tested in the past, holders are in for more losses. Exline: An excursion into the world of cryptocurrencies – the boundaries are only in your imagination! 🌐Exchange | ✉️ Subscribe | 💬 VK group | 💬 Exchange Reviews Link to comment Share on other sites More sharing options...
Exline.pro Posted August 5 Author Share Posted August 5 Bitcoin (BTC) fell below $50,000: the amount of liquidations in the market exceeded $1 billion. What is the reason why Bitcoin collapsed by more than 15%, Ethereum showed the deepest fall since 2021. Panic in global markets caused by geopolitical tensions, fears about the economic situation and overestimation of the real prospects of the AI sector collapsed cryptocurrencies. Investors around the world are getting rid of risky assets en masse. The bitcoin (BTC) exchange rate on August 5 at 10:00 Moscow time was $51.6 thousand on the cryptocurrency exchange Binance, paired to the USDT stablecoin. In the morning of August 5, the rate fell below $50 thousand. This is the lowest value of the rate since January 2024 and the sharpest drop in the price of the first cryptocurrency since 2021. According to experts surveyed by Bloomberg, cryptocurrencies have come under pressure due to the winding down of the popular among traders strategy of curry-trade, based on the diffeence in interest rates between the yen and other currencies. Rising interest rates in Japan caused massive capital outflows and put pressure on the global financial market, including cryptocurrencies, which is traditionally sensitive to macroeconomic changes. The collapse of Japan's Nikkei index during trading exceeded the fall on "Black Monday" in 1987. Amid fears of a US recession, the collapse exceeded 13% before the close of trading. U.S. stock markets also showed a decline at the close of last week after a disappointing report on the U.S. labor market. The Nasdaq index fell by 2.4%. This news, combined with poor results from major technology companies such as Intel and Amazon, increased volatility in the market. Exline: An excursion into the world of cryptocurrencies – the boundaries are only in your imagination! 🌐Exchange | ✉️ Subscribe | 💬 VK group | 💬 Exchange Reviews Link to comment Share on other sites More sharing options...
Exline.pro Posted August 6 Author Share Posted August 6 Binance net inflow on the day of correction reached $1.2 billion Against the backdrop of a shaky macroeconomic situation and market downturn, crypto exchange Binance recorded a net daily inflow of $1.2 billion, according to the CEO of the trading platform Richard Teng. CEO Binance referred to data from DeFi Llama, according to which the volume of "net" assets on the platform reached $86.55 billion. The total TVL of the exchange exceeded $100 billion. According to Teng, on August 5, the platform recorded one of the highest trading volumes since the beginning of the year. At the time of writing, the figure stands at $32.2 billion for the spot market and $13.4 billion for the derivatives market. The top manager added that there is now a "recovery in the prices of major tokens, and current market trends confirm this." Exline: An excursion into the world of cryptocurrencies – the boundaries are only in your imagination! 🌐Exchange | ✉️ Subscribe | 💬 VK group | 💬 Exchange Reviews Link to comment Share on other sites More sharing options...
Exline.pro Posted August 7 Author Share Posted August 7 Survey: 59% of funds in the U.S. will buy cryptocurrencies in the coming year 59% of representatives of management companies surveyed by the law firm Barnes & Thornburg representatives of management companies said that they are ready to increase the share of cryptocurrencies in client portfolios. About this writes Cointelegraph. "This is up from last year, when the majority said that the state of the digital asset market had a significant negative impact on their organization," the report notes. The survey polled 138 executives from private equity, venture capital, hedge fund and investment banking firms across a variety of industries in the US. 84% of respondents reported expectations of growth in private investment in digital assets during the designated period. 26% of participants indicated a decreased likelihood of investing in such products due to volatility (46%), fraud (43%) and platform collapse (43%). The key issue for respondents is yield (54%). Less important are financing conditions - 50% vs. last year's 23% due to rising barriers to raising capital. As a reminder, by the end of Q1 2024, 13 of the 25 largest hedge funds in the U.S. owned bitcoin-based products, according to River. Exline: An excursion into the world of cryptocurrencies – the boundaries are only in your imagination! 🌐Exchange | ✉️ Subscribe | 💬 VK group | 💬 Exchange Reviews Link to comment Share on other sites More sharing options...
Exline.pro Posted August 8 Author Share Posted August 8 JPMorgan: The recovery of the crypto market was helped by institutional investors Analysts of the financial company JPMorgan said that the high volatility of the market of digital assets did not scare away institutional investors. JPMorgan analysts, led by Managing Director Nikolaos Panigirtzoglou, explained in a new report that the higher premium on the price of bitcoin futures, compared to the spot price of BTC, indicates the long-term confidence of institutional investors in the growth of the market value of the asset. According to JPMorgan analysts, positive news has already factored into the optimism of institutional investors. These are the upcoming cash payouts of collapsed exchanges Genesis, Mt. Gox and FTX. It's the signals from both US presidential candidates from the two major parties to the crypto community to support a loyal version of cryptocurrency regulation. JPMorgan believes that the sharp drop in bitcoin's market value was not caused by organic problems related to the functioning of the digital asset market, but by the impact of the correction of traditional risk assets such as equities. Against this background, the continued strategy of institutional investors planning long-term investments in bitcoin has contributed to the market's recovery, analysts emphasize. Exline: An excursion into the world of cryptocurrencies – the boundaries are only in your imagination! 🌐Exchange | ✉️ Subscribe | 💬 VK group | 💬 Exchange Reviews Link to comment Share on other sites More sharing options...
Exline.pro Posted August 9 Author Share Posted August 9 Crypto exchange OKX recognized the blocking of user accounts One of the largest cryptocurrency exchanges, OKX, has faced widespread calls for Russians and CIS residents to stop using the platform due to the blocking of customer accounts. On August 8, two major channels in Telegram with a combined number of more than 500 thousand subscribers said that the cryptocurrency exchange OKX began blocking the accounts of users from Russia and the CIS. It was reported that not only regular users, but also the accounts of the exchange's advertising partners - so-called influencers who recommend the OKX platform, earning on advertising and referral programs - fell under the blocking. "Today I regretfully have to admit that the exchange's policy and all the prerequisites that I have encountered personally force me to urge my community and at least users from the CIS countries to urgently withdraw all funds from the OKX exchange and refuse to use the exchange indefinitely," wrote popular cryptoblogger Rafael Manvelyan, author of the channel "Satoshi's Tears", to an audience of over 152 thousand subscribers. OKX is one of the most popular crypto exchanges in Russia. The platform was founded in 2017 and is registered in Seychelles. It is managed by OK Group, which also includes OKCoin - it is one of the first crypto exchanges in history, before the ban in China, it was among the top three in terms of trading volumes. According to Coinmarketcap, OKC's daily trading volumes exceed $1.6 billion, and it has about $18 billion in assets on the platform. OKX will block user accounts when depositing funds on the exchange from sources under U.S. sanctions (Garantex and Tornado cash), as well as when withdrawing funds from OKX to the address of sanctioned entities, noted the CEO of the OKX exchange Star Xu in the social network X. Exline: An excursion into the world of cryptocurrencies – the boundaries are only in your imagination! 🌐Exchange | ✉️ Subscribe | 💬 VK group | 💬 Exchange Reviews Link to comment Share on other sites More sharing options...
Exline.pro Posted August 10 Author Share Posted August 10 Ripple has started testing the RLUSD stablecoin Ripple has announced the start of closed beta testing of the RLUSD stablecoin on the XRP Ledger network and Ethereum mainnet. According to the press release, RLUSD has not yet received regulatory approval and is therefore not available for purchase or trading. The team urged to be vigilant due to possible scammers allegedly distributing stablecoin. "There is a clear demand for Stablecoins, which provide trust, stability and utility. [...] With more than a decade of experience building enterprise financial solutions, Ripple is in an ideal position to launch a stablecoin," the publication said. RLUSD is backed by dollar deposits, short-term U.S. Treasury bonds and other cash equivalents. The reserves will be verified by a third-party accounting firm, with Ripple promising to publish monthly reports. "Once RLUSD becomes available, Ripple will use both RLUSD and XRP in cross-border payments to serve its global customers and significantly improve their experience," the company said. In 2023, Bernstein experts predicted the stablecoin market to grow to $2.8 trillion over the next five years. Ripple used a reference to the analysts' report in its press release to justify the feasibility of the initiative. Exline: An excursion into the world of cryptocurrencies – the boundaries are only in your imagination! 🌐Exchange | ✉️ Subscribe | 💬 VK group | 💬 Exchange Reviews Link to comment Share on other sites More sharing options...
Exline.pro Posted September 4 Author Share Posted September 4 Bitcoin miners earned more than $3.4 mln during the week At the end of August, miners again decided to sell their savings amid the stagnation of BTC. They managed to make a profit of more than $3.4 million. On August 28, the complexity of BTC mining increased from 86.87T to 89.47T (2.99%). The increase in bitcoin mining complexity is attributed to an increase in hash rate after new miners joined the network. Another difficulty adjustment is expected on September 10. The hash price is still below $50, and the other day it fell to $42, which is one of the reasons that pushed miners to sell. The largest pools, Foundry and AntPool, are currently producing about 28.6% and 25.8% of the BTC hash rate. Exline: An excursion into the world of cryptocurrencies – the boundaries are only in your imagination! 🌐Exchange | ✉️ Subscribe | 💬 VK group | 💬 Exchange Reviews Link to comment Share on other sites More sharing options...
Exline.pro Posted Saturday at 03:44 PM Author Share Posted Saturday at 03:44 PM Mt.Gox postponed the date of compensation payments to 2025 The management of bankrupt bitcoin exchange Mt.Gox has warned that the deadline for compensation payments has been moved from October 31, 2024 to October 31, 2025. “Because it is desirable to make payments to rehabilitation creditors to the extent practicable, the trustee, with the court's approval, has changed the repayment deadline from October 31, 2024 to October 31, 2025,” it said. In September 2023, Mt.Gox had already postponed the repayment date from October 31, 2023 to October 31, 2024. Another postponement temporarily reduces concerns about the impact of potential sales of the first cryptocurrency by customers of the exchange on the price of the asset. Through 2024, Mt.Gox has moved $9 billion, $6 billion, $2.85 billion, $2.25 billion and $784 million worth of bitcoins. Mt.Gox customers have been waiting a decade for their funds to be returned. The civil rehabilitation process began in June 2018. A Tokyo court approved the exchange's proposed plan in 2021. Exline: An excursion into the world of cryptocurrencies – the boundaries are only in your imagination! 🌐Exchange | ✉️ Subscribe | 💬 VK group | 💬 Exchange Reviews Link to comment Share on other sites More sharing options...
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